FundedNext is a proprietary trading firm who have been developing for two and a half years before they decided it was the right time to go live. They have prepared funding options for traders worldwide while operating from two different locations.
FundedNext functions as a global proprietary platform, with operational offices spanning different nations, including the United Arab Emirates and Bangladesh. Their objective is to provide traders with a comfortable trading setting. In pursuit of this goal, FundedNext has designed four unique funding programs. Irrespective of the chosen model, from the challenge, traders are eligible for a 15% profit as recognition for their trading achievements. It’s recommended to thoroughly explore all the models and opt for a package that resonates with your favored trading approach.
FundedNext Company Information
You can learn more about FundedNext’s company details in the spreadsheet below.
| Company Information | FundedNext |
|---|---|
| Incorporation | March 2022 |
| Location | United Arab Emirates and Bangladesh |
| CEO | Syed Abdullah Jayed |
| Maximum Account Size | Two-step Stellar Challenge: $200,000 One-step Stellar Challenge: $200,000 Evaluation Model: $200,000 Express Model: $200,000 |
| Trading Platform | MetaTrader 4, MetaTrader 5 |
| Broker | Incenteco, GrowthNext |
Founded in March 2022, FundedNext is a proprietary trading firm with headquarters in the United Arab Emirates and Bangladesh, led by CEO Syed Abdullah Jayed. They provide traders with an opportunity to participate in four distinct funding plans, offering account sizes of up to $200,000. Traders gain access to trading accounts through Incenteco or GrowthNext, and they have the option to utilize MetaTrader 4 or MetaTrader 5 as their trading platform.
Funding Plans
FundedNext offers four different funding programs to traders all around the world:
Two-step Stellar Challenge
| Account Sizes | One-time Fee |
|---|---|
| $6,000 | $59 |
| $15,000 | $119 |
| $25,000 | $199 |
| $50,000 | $299 |
| $100,000 | $519 |
| $200,000 | $999 |
| Trading Parameters | Parameter Values |
|---|---|
| Phase 1 Profit Target | 8% |
| Phase 2 Profit Target | 5% |
| Daily Drawdown | 5% |
| Maximum Drawdown | 10% |
| Leverage | 1:100 |
| Minimum Trading Day Requirements | 5 Calendar Days |
| Maximum Trading Day Period | Phase 1: No Time Limitations Phase 2: No Time Limitations |
| Profit Split | 80% Up To 90% |
Two-step Stellar Challenge Scaling Plan
Two-step Stellar Challenge accounts have a consistency-based scaling plan. This means that you are required to reach a profit of 10% or more within a four-month period. Out of the four months, two have to be positive, and the last has to end in profit. By meeting all the objectives, FundedNext will increase your initial account balance by 40%.
One-step Stellar Challenge
| Account Sizes | One-time Fee |
|---|---|
| $6,000 | $59 |
| $15,000 | $119 |
| $25,000 | $199 |
| $50,000 | $299 |
| $100,000 | $519 |
| $200,000 | $999 |
| Trading Parameters | Parameter Values |
|---|---|
| Profit Target | 10% |
| Daily Drawdown | 3% |
| Maximum Drawdown | 6% |
| Leverage | 1:30 |
| Minimum Trading Day Requirements | 5 Calendar Days |
| Maximum Trading Day Period | No Time Limitations |
| Profit Split | 80% Up To 90% |
One-step Stellar Challenge Scaling Plan
One-step Stellar Challenge accounts have a consistency-based scaling plan. This means that you are required to reach a profit of 10% or more within a four-month period. Out of the four months, two have to be positive, and the last has to end in profit. By meeting all the objectives, FundedNext will increase your initial account balance by 40%.
Evaluation Model
| Account Sizes | One-time Fee |
|---|---|
| $6,000 | $49 |
| $15,000 | $99 |
| $25,000 | $199 |
| $50,000 | $299 |
| $100,000 | $549 |
| $200,000 | $999 |
| Trading Parameters | Parameter Values |
|---|---|
| Phase 1 Profit Target | 10% |
| Phase 2 Profit Target | 5% |
| Daily Drawdown | 5% |
| Maximum Drawdown | 10% |
| Leverage | 1:100 |
| Minimum Trading Day Requirements | 5 Calendar Days |
| Maximum Trading Day Period | Phase 1: 30 Calendar Days Phase 2: 60 Calendar Days |
| Profit Split | 80% Up To 90% |
Evaluation Model Scaling Plan
Evaluation Model accounts have a consistency-based scaling plan. This means that you are required to reach a profit of 10% or more within a four-month period. Out of the four months, two have to be positive, and the last has to end in profit. By meeting all the objectives, FundedNext will increase your initial account balance by 40%.
Express Model
Consistency Express Model
| Account Sizes | One-time Fee |
|---|---|
| $6,000 | $49 |
| $15,000 | $99 |
| $25,000 | $199 |
| $50,000 | $299 |
| $100,000 | $549 |
| $200,000 | $999 |
| Trading Parameters | Parameter Values |
|---|---|
| Profit Target | 25% |
| Daily Drawdown | 5% |
| Maximum Drawdown | 10% |
| Leverage | 1:100 |
| Minimum Trading Day Requirements | 10 Calendar Days |
| Maximum Trading Day Period | No Time Limitations |
| Profit Split | 60% Up To 90% |
| Weekend Holding | Not Allowed |
Consistency Express Model Scaling Plan
Consistency Express Model accounts have a consistency-based scaling plan. This means that you are required to reach a profit of 10% or more within a four-month period. Out of the four months, two have to be positive, and the last has to end in profit. By meeting all the objectives, FundedNext will increase your initial account balance by 40%.
Non-consistency Express Model
| Account Sizes | One-time Fee |
|---|---|
| $6,000 | $59 |
| $15,000 | $119 |
| $25,000 | $229 |
| $50,000 | $379 |
| $100,000 | $699 |
| Trading Parameters | Parameter Values |
|---|---|
| Profit Target | 25% |
| Daily Drawdown | 5% |
| Maximum Drawdown | 10% |
| Leverage | 1:100 |
| Minimum Trading Day Requirements | 10 Calendar Days |
| Maximum Trading Day Period | No Time Limitations |
| Profit Split | 60% Up To 90% |
| Weekend Holding | Allowed |
Non-consistency Express Model Scaling Plan
Non-consistency Express Model accounts have a consistency-based scaling plan. This means that you are required to reach a profit of 10% or more within a four-month period. Out of the four months, two have to be positive, and the last has to end in profit. By meeting all the objectives, FundedNext will increase your initial account balance by 40%.
FundedNext Two-step Comparison
Two-step Comparison of FundedNext & E8 Funding (Normal)
| Trading Parameters | FundedNext (Stellar) | FundedNext (Evaluation) | E8 Funding (Normal) |
|---|---|---|---|
| Phase 1 Profit Target | 8% | 10% | 8% |
| Phase 2 Profit Target | 5% | 5% | 5% |
| Daily Drawdown | 5% | 5% | 5% |
| Maximum Drawdown | 10% | 10% | 8% (Scaleable To 14%) |
| Leverage | 1:100 | 1:100 | 1:100 |
| Minimum Trading Day Requirements | 5 Calendar Days | 5 Calendar Days | No Minimum Trading Days |
| Maximum Trading Day Period | Phase 1: No Time Limitations Phase 2: No Time Limitations | Phase 1: 30 Calendar Days Phase 2: 60 Calendar Days | Phase 1: No Time Limitations Phase 2: No Time Limitations |
| Profit Split | 80% Up To 90% | 80% Up To 90% | 80% |
Two-step Comparison of FundedNext & The Funded Trader (Standard)
| Trading Parameters | FundedNext (Stellar) | FundedNext (Evaluation) | The Funded Trader (Standard) |
|---|---|---|---|
| Phase 1 Profit Target | 8% | 10% | 10% |
| Phase 2 Profit Target | 5% | 5% | 5% |
| Daily Drawdown | 5% | 5% | 5% (6% Addon) |
| Maximum Drawdown | 10% | 10% | 10% (12% Addon) |
| Leverage | 1:100 | 1:100 | 1:100 (Swing 1:30) |
| Minimum Trading Day Requirements | 5 Calendar Days | 5 Calendar Days | 3 Calendar Days |
| Maximum Trading Day Period | Phase 1: No Time Limitations Phase 2: No Time Limitations | Phase 1: 30 Calendar Days Phase 2: 60 Calendar Days | Phase 1: No Time Limitations Phase 2: No Time Limitations |
| Profit Split | 80% Up To 90% | 80% Up To 90% | 80% Up To 90% |
Community Trustpilot Feedback
FundedNext has an excellent rating on Trustpilot, where we can find numerous comments from their community. They have over 8,400 comments with an excellent rating of 4.7/5, where they are rated as five stars by 85% of all the individuals.
Conclusion
To conclude the review, we can clearly see that FundedNext is a reputable proprietary trading firm with various attractive features. They provide traders with the flexibility to choose between the following four funding programs: Two-step Stellar Challenge, One-step Stellar Challenge, Evaluation Model, and Express Model funding programs. When it comes to community feedback, they have an excellent Trustpilot rating of 4.7/5. After going through everything FundedNext has to offer, they can be considered a very attractive option within the proprietary trading firm industry.
FundedNext Review Details
